The Politicization of Economics
Has economics fallen to politics? Court economists like Paul Krugman–we might call them "regime economists"–represent a profession in big trouble. Jeff and Bob discuss.
Has economics fallen to politics? Court economists like Paul Krugman–we might call them "regime economists"–represent a profession in big trouble. Jeff and Bob discuss.
Ryan McMaken and Zachary Yost discuss some of the strategic problems and historical oddities surrounding the relationships between the US, China, and Taiwan.
Forget Biden's claim that his government is "fighting inflation." His government is creating inflation, and in so doing robbing people of their savings and earnings.
It’s impossible to simply declare nationalism itself to be good or bad. Its goodness or badness depends primarily on its effect on existing regimes and state institutions.
As political divisions worsen in the United States, one remedy besides secession might be to create semiautonomous regional territories.
When Paul Volcker was Fed chairman forty years ago, he did what was necessary to bring down inflation. Unfortunately, the current Fed leadership at best is engaging in Volcker Lite.
Ryan McMaken and Tho Bishop discuss the regime's latest Orwellian word game to avoid acknowledging a recession.
Modern socialists claim that Hitler's Nazi regime was the antithesis of socialism. Hitler would have disagreed, as he saw himself and his movement as being primarily socialist.
Lest anyone underestimate the brutality of state control, the way governments have handled the covid-19 pandemic demonstrates the authorities have not yet hit bottom.
Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically.
The great credit expansion Alan Greenspan began thirty years ago has finally run its course. The Fed no longer can expand credit to fight the oncoming recession.
Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us.
Language is an institution in society. We need to protect it from vandals in the state-linguistic complex.
As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.
Egalitarian liberals think that basic liberties can be violated in the quest for equality and even that "the natural duty to promote justice straightforwardly implies a duty to establish states."
The worst thing that can happen to a good cause is to be ineptly defended.
Recorded at the Mises Institute in Auburn, Alabama, on 30 July 2022.